Platinum International Fund

Platinum International Fund is our flagship global fund with a long/short strategy. It has A$10,829.4 million under management^ and a track record of achieving 12.5% compound return annually since inception (on 30/4/1995).*

A truly diversified portfolio of companies from around the world and across industry sectors, the fund offers investors exposure to undervalued businesses in both developed and emerging markets.

Platinum Global Fund (mFund: PLM01) – an open-ended managed fund with a long-only strategy, the Platinum Global Fund is settled through the ASX mFund Settlement Service and is accessible either directly through Platinum or via mFund-participating brokers.

“China” indicates a company whose business is predominantly based in mainland China, regardless of whether its securities are listed on exchanges within or outside of mainland China.

All data as at [30 April 2019] .

“Long %” represents the Fund’s effective exposures to the relevant sectors as a percentage of the Fund’s NAV, taking into account direct stock holdings and long derivative positions (stocks and indices). “Net %” represents the Fund’s net exposures to the relevant sectors as a percentage of the Fund’s NAV, taking into account direct stock holdings and both long and short derivative positions (stocks and indices).

“Long %” represents the Fund’s effective exposures to the relevant regions as a percentage of NAV through stock holdings and long derivatives (stocks and indices). “Net %” represents the Fund’s net exposures to the relevant regions as a percentage of NAV through stock holdings and both long and short derivatives (stocks and indices). “Currency %” represents the Fund’s effective exposures to the relevant currencies as a percentage of NAV through stock holdings, cash and the use of derivatives.

The “Top 10 Positions” table shows the Fund’s top 10 long stock positions as a percentage of the Fund's NAV, taking into account direct stock holdings and long derivative positions.

Fund returns are annualised, are calculated using the net asset value per unit (which does not include the buy/sell spread) of C Class of the fund, and represent the combined income and capital returns of C Class over the period from its inception date (as specified) to 30 April 2019. Returns are net of accrued fees and costs, are pre-tax, and assume the reinvestment of distributions. The investment returns shown are historical and no warranty can be given for future performance. Historical performance is not a reliable indicator of future performance. Source: Platinum Investment Management Limited.